SAS

SAS posted SEK9.3b net loss for year ended October 31 (vs SEK621m profit a year ago) on 55.5% lower revenues. It has initiated process for early phase out of 21 older/less fuel-efficient aircraft, including 15 737NGs, five A340s and one A330.

Subscription Required

 

SAS is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.